Director/PDMR Shareholding

RNS Number : 0785N

Pantheon Resources PLC

03 August 2017

 

3 August 2017

 

Pantheon Resources plc

Shareholdings of directors and persons discharging managerial responsibility (PDMR) / Key Management Personnel (KMP)

The notifications below, made in accordance with the requirements of the EU Market Abuse Regulation, provide further detail:

Pantheon Resources plc ("Pantheon" or "the Company"), the AIM-quoted oil and gas exploration and development company with a working interest of 50%-58% in several conventional projects in Tyler and Polk Counties, onshore East Texas was notified that two directors of the Company acquired shares in the placing announced on 27 July 2017, as follows:

·     John (Jay) Cheatham, CEO purchased 116,279 shares at 43 pence per share on 28 July 2017

·     Justin Hondris, Finance Director purchased 46,511 shares at 43 pence per share on 28 July 2017

1	Details of PDMR/person closely associated with them ('PCA')
a)	Name	John Bishop Cheatham
2	Reason for the notification
a)	Position/status	Chief Executive Officer
b)	Initial notification /Amendment	Initial notification of purchase of shares
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Pantheon Resources plc
b)	LEI	213800SWHY5DNQS64J23
4	Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
a)	Description of the financial instrument, type of instrument Identification code	Ordinary shares of 1 pence each GB00B125SX82
b)	Nature of the transaction	Purchase of ordinary shares
c)	Price(s) and volume(s)	Price(s) Volume(s) 43.00p 116,279
d)	Aggregated information -  Aggregated volume  - Price	116,279 43.00p
e)	Date of the transaction	28 July 2017
f)	Place of the transaction	XLON

1	Details of PDMR/person closely associated with them ('PCA')
a)	Name	Justin Hondris
2	Reason for the notification
a)	Position/status	Director, Finance and Corporate Development
b)	Initial notification /Amendment	Initial notification of purchase of shares
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Pantheon Resources plc
b)	LEI	213800SWHY5DNQS64J23
4	Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
a)	Description of the financial instrument, type of instrument Identification code	Ordinary shares of 1 pence each GB00B125SX82
b)	Nature of the transaction	Purchase of ordinary shares
c)	Price(s) and volume(s)	Price(s) Volume(s) 43.00p 46,511
d)	Aggregated information -  Aggregated volume  - Price	46,511 43.00p
e)	Date of the transaction	28 July 2017
f)	Place of the transaction	XLON

Further information:

Pantheon Resources plc	[phone]
Jay Cheatham, CEO
Justin Hondris, Director, Finance and Corporate Development
Stifel Nicolaus Europe Limited (Nominated Adviser and broker)	[phone]
Callum Stewart
Ashton Clanfield Nicholas Rhodes
FTI Consulting	[phone]
Ed Westropp
James Styles

For further information on Pantheon Resources plc, see the website at: www.pantheonresources.com

Neither the contents of the Company's website nor the contents of any website accessible from hyperlinks on the Company's website (or any other website) is incorporated into, or forms part of, this announcement.

This announcement contains inside information as defined in Article 7 of the Market Abuse Regulation No. 596/2014 and is disclosed in accordance with the Company's obligations under Article 17 of those Regulations.

 

END

 

 

DSHLLFEETEIVIID